STXT

Strive Total Return Bond ETF

Fund objective
The Strive Total Return Bond ETF (STXT) seeks to maximize total return.

Fund description
STXT offers actively managed core fixed income exposure benchmarked to the Bloomberg US Aggregate Bond Index with a tactical allocation to structured credit and high-yield corporates. Strive aims to unlock value through an unwavering commitment to shareholder capitalism with sector allocation and security selection solely based on credit risk and asset price. We do not consider non-pecuniary factors in investment analysis decisions.

Fund Data & Pricing
Net Assets as of 10/10/2023 $48.72m
NAV $19.49
Shares Outstanding 2,500,000
Premium/discount Percentage 0.42%
Closing Price $19.57
Median 30 Day Spread 0.15%

Data as of 10/10/2023

IOPV, or Indicative Optimized Portfolio Value, is a calculation disseminated by the stock exchange that approximates the Fund's NAV every fifteen seconds throughout the trading day.

Median 30 Day Spread is a calculation of Fund's median bid-ask spread, expressed as a percentage rounded to the nearest hundredth, computed by: identifying the Fund's national best bid and national best offer as of the end of each 10 second interval during each trading day of the last 30 calendar days; dividing the difference between each such bid and offer by the midpoint of the national best bid and national best offer; and identifying the median of those values.

The Fund expects to declare and to distribute its net investment income, if any, to shareholders as dividends quarterly.  The amount of any distribution will vary, and there is no guarantee the Fund will pay either an income dividend or a capital gains distribution.

Fund Information
Inception Date 08/10/2023
Primary Exchange NYSE
Ticker STXT
CUSIP 02072L 458
IOPV Symbol STXT.IV
NAV Symbol STXT.NV
Expense Ratio 0.49%
SEC 30 Day Yield* 5.23%

* As of 09/30/2023

Performance Quarter end returns as of 09/30/2023
  AVG. Annualized  
Quarter 1 Year 3 Year Since Inception
Fund NAV - - - -1.79%
Market Price - - - -1.40%
Benchmark Index - - - -

Expense ratio: 0.49%

Inception Date:  08/10/2023

The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling 855-427-7360. Short term performance, in particular, is not a good indication of the fund's future performance, and an investment should not be made based solely on returns.

Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.

NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

Distribution Detail
EX- Date Record Date Income Payable Date
09/27/2023 09/28/2023 0.10097113 09/29/2023
TOP 10 HOLDINGS
% Of Net Assets Name Ticker CUSIP Shares Held Market Value
12.11% US 5YR NOTE (CBT) Dec23 FVZ3 Comdty FVZ3 COMDTY 56 5,898,812.53
8.84% US 10YR NOTE (CBT)Dec23 TYZ3 Comdty TYZ3 COMDTY 40 4,308,750.00
4.81% UNITED STATES TREAS NTS 3.125% 08/15/2025 91282CFE6 91282CFE6 2,425,000 2,343,582.52
4.37% US LONG BOND(CBT) Dec23 USZ3 Comdty USZ3 COMDTY 19 2,129,187.50
3.86% GNMA PASS-THRU M SINGLE FAMILY 5% 08/20/2053 36179YDJ0 36179YDJ0 1,991,547 1,878,576.50
3.72% UNITED STATES TREAS NTS 4.125% 10/31/2027 91282CFU0 91282CFU0 1,850,000 1,811,988.27
3.23% GNMA PASS-THRU M SINGLE FAMILY 6% 03/20/2053 36179XVU7 36179XVU7 1,592,815 1,571,899.75
2.40% GNMA PASS-THRU M SINGLE FAMILY 6% 06/20/2053 36179X5J1 36179X5J1 1,181,255 1,168,697.08
2.30% FHLMC SUPER 6% 05/01/2053 3132DWHA4 3132DWHA4 1,138,275 1,118,525.93
2.14% GNMA PASS-THRU M SINGLE FAMILY 5.5% 04/20/2053 36179XX68 36179XX68 1,078,885 1,044,193.45

Data as of 10/11/2023. Holdings are subject to change.